The Guardian Australia – Business
·business
·1 hour ago
Ferrari shares tumble eight percent after unveiling Jony Ive electric sedan
Ferrari shares fell as much as 8% after unveiling its first electric vehicle, the Luce, designed by former Apple chief Jony Ive. The $640,000 sedan offers a 329-mile range and accelerates to 100km/h in 2.5 seconds but marks a departure from the brand's sportscar heritage. Analysts questioned whether the minimalist design aligns with Ferrari's prestigious positioning among enthusiasts.
Summary by Glance · The Guardian Australia – Business
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